Market News
U.S. Takes Bitcoin Mining Crown After China Crackdown
More than a third of the global computing power dedicated to mining bitcoin is now...
Robinhood's Crypto Business Is the Tail That Wags the Doge
Robinhood experienced a net decline in funded accounts, but the real revenue story...
Libor Transition Vexes CLO Market
While some parties have moved swiftly to adopt a replacement for the interest-rate...
Deutsche Bank Posts Higher Profit as Loan Charges Fall
The German lender’s businesses did better than expected in the third quarter but...
The Risks and Rewards of Playing Chicken With China
China has ways to confound speculators betting on Evergrande contagion—thanks to...
Robinhood, Microsoft, Coca-Cola, McDonald's: What to Watch...
Robinhood shares were sinking premarket after its earnings report; Microsoft was...
Evercore Names John Weinberg Sole CEO
Co-CEO Ralph Schlosstein will step down in February after 13 years.
Taking on Tesla Comes at a Cost for GM
The Detroit car maker’s third-quarter results contained a warning that its EV-centric...
McDonald's, Coca-Cola Power Through Despite Inflation
Strong earnings from McDonald’s, Kraft Heinz and Coca-Cola show America’s food and...
Microsoft's New Normal Will Need to Stick
A strong streak of growth and operating profit gains haven’t been seen in nearly...
Justice Department Investigates Visa's Fintech Relationships
Antitrust investigators are scrutinizing financial incentives Visa gave to Square,...
Trump Social-Media SPAC Could Make Its Backers $440 Million
The obscure financiers who launched the shell company that is taking the former...
Shiba Inu Coin Price Jumps, Could Overtake Meme Cryptocurrency...
The meme coin, which brands itself as the “dogecoin killer,” jumped 40% on Wednesday...
CFTC Chief Says Recent Crypto Cases Are 'Tip of the Iceberg'
Acting Chairman Behnam urges Congress to consider expanding the agency’s ability...
Stocks Fall as Big Earnings Reports Roll In
Stocks fell Wednesday as investors examined earnings results from more of the biggest...
Rent the Runway Shares Fall in Public Market Debut
The clothing-rental company had 112,000 active subscribers at the end of September,...
